I can't disagree with you as well. With oil destined to continue to go lower based on supply (unless opec acts) I don't see the value in reopening the plant based upon the costs associated with bringing the systems back on/redoing much of it.

The reopening of the oil refinery in San Nicolas is very likely result in the Spanish hotel chain Bahia Principe does not continue its plans for a hotel project worth 200 million florins in Ceru Colorado. Lawyer Ronald Wix, who represents the parent company Grupo Pinero, late in a first reaction to Amigoe know that it is basically 'end of story' for his client. He's going this weekend or Monday to contact his client to see what they do next. Legal steps are not excluded, he announced earlier.